Thursday, 01 April 2010 22:16 Mizzima News
Chiang Mai (Mizzima) - Vietnamese Prime Minister Nguyen Tan Dung will begin his three-day tour of Burma tomorrow.
During his tour Mr. Nguyen Tan Dung will meet junta supremo Senior Gen. Than Shwe and Prime Minister Gen. Thein Sein.
Mizzima has learnt that the Vietnamese Premier is likely to attend the opening ceremony of the representative office of one of Vietnam’s biggest banks, the ‘Bank of Investment and Development of Vietnam’ (BIDV) in Rangoon.
The military regime has invited 200 businessmen to meet the Vietnamese delegation.
Two days after the Mr. Nguyen Tan Dung’s visit to Burma, the 16th Association of South East Asian Nations (ASEAN) Summit meeting will be held in Hanoi. And Burma’s forthcoming election will be on the agenda in the summit.
Trade between Vietnam and Burma has increased by 10 per cent since 2007 with the trade value being 108.2 million USD in 2007.
Vietnam’s state-owned PetroVietnam, Telecommunication Company Viettel among others are into business in Burma.
Vietnam signed an agreement with the junta to buy timber worth over USD 5 million from Burma in 2010.
PetroVietnam had an agreement with Myanmar Oil and Gas Enterprise in 2007 to invest in Burma.
Under Vietnam’s foreign policy for cooperation and expansion of regional trade, bilateral trade with Burma has also increased.
Vietnam Airline has started direct flights between Rangoon and Hanoi in March this year.
Burmese Army Joint Chief-of-Staff Gen. Thura Shwe Man visited Vietnam last year.
Thursday, April 1, 2010
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